Unit Trust Monthly Investment Plan (UTMIP)

In 5 years, you could buy a fantastic car,
In 15 years, you could afford to give your son or daughter an overseas education,
In 25 years, you could have investments worth over IDR 1 billion,

We realize that everyone has different needs. Most of us understand the importance of acting now to secure our future. However, many of us simply don’t know where to start, or cannot imagine being able to invest for the future on our current incomes.

At HSBC, we are pleased to offer you our solution for your regular investment needs : Unit Trust Monthly Investment Plan the perfect way to help you start realising your dreams.

What is Unit Trust Monthly Investment Plan?
It is a way of investing a fixed amount of funds, for a pre-determined period, in mutual funds on a pre-determined date each month. Subject to your risk profile, when you invest in mutual funds you can enjoy the possibility of greater potential benefits to achieve your future goals.

Advantages & Benefits of Unit Trust Monthly Investment Plan

1. More affordable investment amount
2. More optimum investment result
3. Hassle free, flexible, and reliable
4. Uses a state-of-the-art technology which allows customers to review their Mutual Fund performance through Internet Banking
5. Lower subscription fee
6. Smooth our market volatility and benefit from the effects of Dollar Cost Averaging

Illustration disclaimer :
The above scenarios are provided for illustrative purposes only, and do not reflect a complete analysis of all possible gain and loss scenarios that may  arise in respect of any actual investment. No representation or warranty is made by HSBC that any scenarios describe above represents or will represent the real investment conditions and returns. Actual results and return on the investment may vary from the results shown above, and such variations may be material.

1.	The Unit Trust Monthly Investment Plan (‘the Plan’) will only be available to customers holding an IDR or USD savings/current account ('Cash Account'), and an Investment Services Account/ Unit Trusts Account, opened with The Hongkong and Shanghai Banking Corporation Limited (the 'Bank'). If at any time a customer ceases to hold at least one such Investment Services Account / Unit Trusts Account after being enrolled in the Plan, the Plan will automatically terminate without notice.
2.	It will take five (5) business days to process this application which must be duly completed and received by the Bank at least five (5) business days before a debit date in order for the Customer to start making contributions on that debit date. Any instruction received after such cut-off will be deferred to the following month for execution.
3.	The Mutual Fund purchased will be using NAV of debit date + 1 bourse day
4.	The Customer may amend the Customer instruction for subsequent contributions under the Plan to the extent permitted by the Bank from time to time, and may terminate the Plan at any time. However, such amendment or termination must be made in writing in prescribed form and must be received by the Bank five (5) business days before a debit date in order to take effect on that debit date.
5.	If Customer failed to provide sufficient fund for UTMIP debit for 3 months in a row within 1 year since UTMIP subscription, then UTMIP will be terminated before it expires and penalty fee for early termination of UTMIP will be charged as according to point number 6.
6.	For early termination of UTMIP before the Plan expires within 1 year since UTMIP subscription, a penalty fee will be charged as much as the accumulative subscription fee that has been debited for previous Mutual Fund purchases under UTMIP. This penalty fee will be charged against the Customer’s cash account or against Customer’s partial Mutual Fund redemption amount as much as the penalty fee when the termination instruction is processed. For early termination of UTMIP after 1 year since subscription, there will be no penalty fee imposed
7.	Subscription to UTMIP is not available through Phone Banking and Internet Services
8.	Subscription, redemption, and switching fee will be determined in accordance with the maximum and minimum limit of each relevant Mutual Fund as has been stipulated in the Prospectus of the relevant Mutual Fund.